Robert Kiyosaki has shifted a portion of his Bitcoin holdings into businesses that provide immediate income. He reportedly sold about $2.25 million worth of Bitcoin, taking profits after years of expressing optimism about the cryptocurrency. Kiyosaki clarified that he isn’t leaving the crypto market but is converting paper gains into steady cash flow.
In a post on X, Kiyosaki mentioned that he initially bought Bitcoin when it was around $6,000 and sold this batch at approximately $90,000 per coin. Despite recently predicting Bitcoin could reach $250,000, he explained that the proceeds from the sale will be used to acquire two surgery centers and invest in a billboard advertising business. The author of “Rich Dad Poor Dad” expects these ventures to generate roughly $27,500 per month in tax-free income by early next year, which he plans to reinvest in cryptocurrency over time.
Bitcoin’s price has been fluctuating, dipping into the low $80,000s around the time Kiyosaki announced his sale. While some investors were taking profits, others were buying during the downturn. Kiyosaki’s strategy emphasizes converting gains into current income to fund future investments.
This move reflects a dual message: confidence in Bitcoin’s long-term growth alongside a focus on securing predictable cash flow now. Some view it as a cautious approach, while others see it as savvy financial management.
Kiyosaki described his new acquisitions as income-generating assets. The tax-free status of the monthly returns depends on the business structures and jurisdictions involved, which may not apply universally.
Market observers had mixed reactions, with some seeing it as routine portfolio adjustment and others as a potential short-term influence on market sentiment. However, the impact of such a sale by a prominent figure on Bitcoin’s price remains uncertain, as prices are influenced by various factors like economic data, regulations, large investor actions, and overall market mood.
Kiyosaki maintains his bullish outlook on crypto, using part of his gains to build assets that provide regular income for future crypto purchases.
Frequently Asked Questions
Of course Here is a list of helpful and clear FAQs about Kiyosaki selling Bitcoin designed to answer questions for both beginners and those more familiar with the topic
Beginner General Questions
1 Who is Robert Kiyosaki
Robert Kiyosaki is a wellknown author and investor most famous for his book Rich Dad Poor Dad where he teaches about financial literacy and investing in assets like real estate gold and Bitcoin
2 Did Robert Kiyosaki really sell his Bitcoin
Yes according to his public statements he sold a portion of his Bitcoin holdings when its price was around 90000
3 Why did he sell if he predicted it would go to 250000
He stated that he sold to take profits and lock in gains He believes the price will dip allowing him to buy back in at a lower price before it makes its larger predicted climb
4 What does taking profits mean
Taking profits means selling an investment that has increased in value to realize the actual monetary gain rather than just watching the value increase on paper
Advanced Strategic Questions
5 Isnt selling against the common HODL strategy in crypto
Yes it is HODL is a popular strategy where investors buy and hold for the long term regardless of shortterm price swings Kiyosakis move is a more active trading strategy of buying low and selling high even within a longterm bullish trend
6 What reason did he give for expecting a price drop
Kiyosaki often ties his market outlook to his views on the broader economy He has expressed concerns about a potential market crash a depression or significant instability which he believes will cause Bitcoins price to fall temporarily
7 Is this a common investment strategy
Yes the strategy of selling the rally or profittaking is very common in all markets including stocks and crypto Investors use it to secure cash and potentially increase their holdings by buying back after a price correction
8 Should I sell my Bitcoin because Kiyosaki sold his
Not necessarily Kiyosakis actions are based on his personal strategy risk tolerance and financial goals Your investment decisions should be based